secwatch.observer — SEC 8-K summary
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Issuer:     Our Bond, Inc. (OBAI)
CIK:        0001756064
Form:       8-K
Filed at:   2026-06-16T12:17:20+00:00
Accession:  0001493152-26-028818
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 3.02, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Our Bond exchanges $3.3M notes for Series G preferred, amends loan, reprices warrants, COO departs
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- Exchanged $3,302,458 in promissory notes for 366,941 Series G preferred shares convertible at $2.0265, 10% annual dividend.
- Loan amendment with Eastward Fund Management reduces H2 2026 payments to $50K–$150K/month; final $3.9M due July 2028; 250K common shares issued.
- Ascent warrants repriced: 3M expiring 2027 at $1.25, 1.5M expiring 2027 at $1.25, 4.5M expiring 2027 at $2.25.
- Michael Lambert departed as Head of Commercial Operations effective June 12; no disagreement with company.
- Series C and D preferred certificates amended to align redemption proceeds terms with Series G.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756064/000149315226028818/0001493152-26-028818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756064/000149315226028818/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-028818

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